Harmonized IEC Code Online Application India or HS Code is an inevitable aspect for the import export deal. It is a unique numerical code sent to various products and commodities required while shipping from one country to another. In order to used to describe particular goods in the import export trading platform.
The ITC HS Code List or India harmonized code list is regulated and maintained by the Director General of Foreign Trade or DGFT India. The international coding system has been adopted in India for export import function. It is an eight digit code that has been developed at par with the international coding system to suit the requirements of the international trading community belonging to the country. The code is basically, a fashionable ID assigned the particular trading product, which is by simply more than 200 countries across the planet.
DGFT India in the governing authority that takes care of the changes or formulation or addition of new codes in the existing harmonized code list. The authority performs periodical activities like commodity description, weeding the defunct codes, addition of the latest codes, change of product description etc. It maintains the harmonized code list, along with that is a range of such codes classified under 21 pieces. The 21 sections include Animals & Animal Products; Vegetable Products; Animal or Vegetable Fats; Prepared Foodstuffs; Mineral Products; Chemical Products; Plastics & Rubber; Hides & Skins; Wood & Wood Products; Wood Pulp Products; Textiles & Textile Articles; Footwear, Headgear; Articles Of Stone, Plaster, Cement, Asbestos; Pearls, Precious Or Semi-Precious Stones, Metals; Base Metals & Articles Thereof; Machinery & Mechanical Appliances; Transportation Equipment; Instruments – Measuring, Musical; Arms & Ammunition; Miscellaneous; and Works Of Art. Each of these 21 sections is further put into 98 sections. The chapters are further divided into sub-headings under which particular HS Codes for different products are mentioned.
Every trader dealing in international market has post the particular code involving his product in all the forms and other important paperwork that become filled up at the time of export import. All the related activities like customs duty or excise duty or drawback rates or the particular exemption of commodities, are carried out in experience with the code mentioned ultimately papers. Hence one know that these codes are mandatory while dealing in foreign trade. If the HS tariff list was not available, always be have been very troublesome for participants to investigation for a particular segment of items. The list presents the sum of the product coding with amount of categories, simplifying the duty of importers and exporters. You could access this code list over the world wide web with the internet data manufacturers like Infodrive Indian. Besides providing a detailed HS tariff list, vehicle has also provided an inside search box for searching the codes of particular goods by way of entering the product’s such as :.